Buying cheap insurance for a Honda Pilot is dependent upon a fairly complex equation with a lot of factors such as the safety rating for your Pilot, the likelihood of vehicle theft, and any prior driving citations you have received. Drivers pay around $895 a year to insure their Pilot, but that cost is an estimation based upon a 40-year-old single male driver with both comprehensive and collision coverage and $250 deductibles.
More likely than not, you are not 40 years old and maybe not even male, maybe you are married instead of single, and maybe you want higher deductibles. This demonstrates why the only real way to find the cheapest rates for your Honda is to compare as many rates as you can. Quotes are free and you will get price quotes from the cheapest companies around.
Vehicle trim level will likely have an effect on the annual cost of coverage, so the cost to insure a Pilot LX 2WD will be $96 less expensive the cost to insure the high end Pilot Touring 4WD trim level, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Pilot LX 2WD||$200||$326||$320||$18||$96||$960||$80|
|Pilot EX 2WD||$226||$326||$320||$18||$96||$986||$82|
|Pilot EX 4WD||$226||$326||$320||$18||$96||$986||$82|
|Pilot EX-L 2WD||$226||$396||$320||$18||$96||$1,056||$88|
|Pilot EX-L 4WD||$226||$396||$320||$18||$96||$1,056||$88|
|Pilot Touring 2WD||$226||$396||$320||$18||$96||$1,056||$88|
|Pilot Touring 4WD||$226||$396||$320||$18||$96||$1,056||$88|
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Above prices assume single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Hawaii minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Prices do not factor in specific location which can change coverage rates noticeably.
Finding a good quality car insurance company can be difficult considering how many different companies sell coverage in Honolulu. The information in the next section may help you analyze which coverage providers to look at shopping your coverage with.
These ratings are only comprised of companies that insure vehicles nationwide, so companies that focus mainly on Hawaii business are not taken into consideration for the list. If you wish to compare prices from the most competitive companies in Hawaii, click here.
Top 10 Large Car Insurance Companies in Honolulu Ranked by Customer Satisfaction
- USAA – 94%
- AAA Insurance – 91%
- State Farm – 90%
- Nationwide – 90%
- The Hartford – 89%
- GEICO – 89%
- Liberty Mutual – 88%
- Allstate – 88%
- Esurance – 87%
- Progressive – 87%
Top 10 Large Car Insurance Companies in Honolulu Ranked by Claims Service
- State Farm
- AAA Insurance
- Liberty Mutual
- The Hartford
- Farmers Insurance
The example below highlights how deductible selection can raise or lower insurance costs when searching for cheap insurance for a Honda Pilot. The price estimates are based on a single female driver, comp and collision included, and no policy discounts are applied.
The chart above illustrates that a 30-year-old driver could pocket $298 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $450 by selecting a $1,000 deductible. Youthful drivers, like the Age 20 chart data, could possibly save up to $658 or even more just by choosing higher deductibles when buying full coverage. When choosing a higher deductible, it’s a good idea to have plenty of money set aside to allow you to pay the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
Should you buy full coverage?
Saving money on car insurance is important to the majority of vehicle owners, and one way to pay lower rates for insurance for a Honda Pilot is to only pay for liability coverage. The information below shows the comparison of annual premium costs when comparing full coverage to liability only. The data is based on no claims or driving violations, $1,000 deductibles, single status, and no discounts are factored in.
If we average all the age groups together, full coverage costs an additional $1,340 per year more than just insuring for liability. A very common question is if buying full coverage is a waste of money. There is no specific rule that is best for determining when to drop comp and collision coverage, but there is a general convention. If the annual cost of coverage is 10% or more of the settlement you would receive from your company, then it might be time to consider dropping full coverage.
There are some circumstances where dropping full coverage is not financially feasible. If you still owe a portion of the original loan, you must maintain physical damage coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.
Tips to find economical insurance for a Honda Pilot
The list below summarizes a few money-saving ideas that can help you buy cheaper coverage.
- Vehicles with good safety ratings have lower liability rates
- Staying accident-free helps keep rates low
- You will pay more if you get tickets or have at-fault accidents
- Increase your credit score
- Full coverage may not be needed on older vehicles
- Raise your deductibles
- Shop around for cheaper prices often
The final tip is extraordinarily crucial, as we hit on in the prior article. Auto insurance prices can change considerably in a year, so don’t hesitate to buy from a new company if a better deal can be had. We understand brand loyalty, but it’s not a great idea if your bullheadedness ends up costing you major coinage every year. It only takes a couple minutes to compare prices and find cheaper insurance for a Honda Pilot in Honolulu.
The auto insurance agents in Honolulu shown below are a good start to help you decide which insurance coverage will be best for you, since many consumers aren’t sure which coverage to buy and prefer to have some professional guidance when buying car insurance for a Pilot. It can be time-consuming to find the cheapest rates, so insurance agents licensed in the state of Hawaii can bring peace of mind knowing you have enough coverage if you have a claim. To locate a Honolulu car insurance agency by location nearest to you, click the link after the list or click here to compare price quotes.
- Allstate Insurance: Matthew Shido
3221 Waialae Ave Ste 386 – Honolulu, HI 96816 – (808) 737-3500
- First Insurance Co of Hawaii Limited
1100 Ward Ave # Main, Honolulu, HI 96814, Honolulu, 96818 – Honolulu, HI 96818 – (808) 527-7777
- Allstate Insurance: Erick Ellgren
1806 S King St Ste 32 – Honolulu, HI 96826 – (808) 941-2886